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president obama, house speaker john boehner spoke by phone last night after republicans sent a new deal offer but senate majority leader harry reid isn't very happy about the discussion on the senate floor this morning. reid compared the back and forth between the gop leaders and the white house to the peanuts comic strike where charlie brown tries to kick the football that keeps getting yanked away. >> we are not going to fall for that again. the american people aren't going to be under the illusion that the republicans are sometime in the future going to come up with revenue. they are going to come up with raising the rates or, madam president, we are going over the cliff. >> well, if congress and the white house can't team up and reach a deal by new year's eve, automatic tax hikes and steep spending cuts will take effect which could send the united states back into recession. and clearly have a lot of work to do. >>> a dungeness deal has bay area crabbers out on the water again. they went on strike after brokers tried pay them less than $3 a pound. the strike meant there was little f
president obama, house speaker john boehner spoke by phone last night after republicans sent a new deal offer but senate majority leader harry reid isn't very happy about the discussion on the senate floor this morning. reid compared the back and forth between the gop leaders and the white house to the peanuts comic strike where charlie brown tries to kick the football that keeps getting yanked away. >> we are not going to fall for that again. the american people aren't going to be under...
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tell us where you want to cut, republicans. that's not what president obama ran on. he ran on raising the top tax rate for the top 2%. that's what he wanted to do and what he should focus on. >> let me play what the president said in a new interview with abc regarding taxes. let's play it. >> taxes are going to go up one way or the other. i think the key is to mick sure that taxes go up on high end individuals. we can afford it. it is entirely possible for us to come up with a deal, but time is running short. >> our team points out that we see the white house is being cautiously optimistic about a deal while the house republicans are cautiously pessimistic. we still have a ways to go. as you heard the president say, time is running out. what do we make. warning to house republicans that we could be working through the holidays s. that significant at this point? >> yeah. i think it's also darkest before the dawn and people have to freak out before they get ready to deal. it's not until the pressure is on and the deadline is upon us. people realize that it's going to b
tell us where you want to cut, republicans. that's not what president obama ran on. he ran on raising the top tax rate for the top 2%. that's what he wanted to do and what he should focus on. >> let me play what the president said in a new interview with abc regarding taxes. let's play it. >> taxes are going to go up one way or the other. i think the key is to mick sure that taxes go up on high end individuals. we can afford it. it is entirely possible for us to come up with a deal,...
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Dec 9, 2012
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so, president obama is taking action and insisting that republicans agree to increase the existing marginal tax rates on the wealthiest top 2% of u.s. taxpayers. and of course, there is more to the deal. but there will be no negotiations on that big part of the deal unless that tax on the wealthiest 2% is negotiated now. the president could not be more emphatic in stressing the indispensable element of surmounting the cliff is that super-rich revenue. >> we're not insisting on rates just out of spite. or out of any kind of partisan bickering. but rather because we need to raise a certain amount of revenue. >> okay. here is john boehner, the republican house speaker. >> if you look at the plans that the white house have talked about thus far, they couldn't pass either house of the congress. >> republicans proposed raising $800 billion in extra revenues. and that revenue should come through tax reform and closing loopholes. happy new year. question, patrick, looking into the crystal ball and tell us about this january 1 monetary nuclear bomb. are we going over the cliff, patrick? >> i think i
so, president obama is taking action and insisting that republicans agree to increase the existing marginal tax rates on the wealthiest top 2% of u.s. taxpayers. and of course, there is more to the deal. but there will be no negotiations on that big part of the deal unless that tax on the wealthiest 2% is negotiated now. the president could not be more emphatic in stressing the indispensable element of surmounting the cliff is that super-rich revenue. >> we're not insisting on rates just...
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Dec 12, 2012
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so far president obama and republicans and not able work out a budget compromise. they appear to be getting closer and how much to cut from the federal budget and how much tax revenue to raise. at the same time we're here from house democrats that the deal may not be done by christmas. >> and world news north korea's launch of a long- range rocket and satellite is sparking international outrage this morning. the white house is calling the launch " a highly provocative act that threatens regional security on " south korean and japanese officials think the launch is a cover for the test of the ban ballistic missile. japan filed a strong protest with north korea and is looking to the united nations security council for consultations on the launch. the associated press is reporting that an undermanned american space experts as the rocket launch put a satellite into orbit. >> the united states is following france and the united kingdom and recognizing the new syrian opposition coalition as the " sole legitimate representative of " of the syrian people. the recognition c
so far president obama and republicans and not able work out a budget compromise. they appear to be getting closer and how much to cut from the federal budget and how much tax revenue to raise. at the same time we're here from house democrats that the deal may not be done by christmas. >> and world news north korea's launch of a long- range rocket and satellite is sparking international outrage this morning. the white house is calling the launch " a highly provocative act that...
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virtually split down the middle between president obama and mitt romney. that includes nearly $86 million raised by romney during the election's final weeks. >>> and someone who has apparently run his last senate campaign is conservative republican jim demint. he announced yesterday he is leaving the senate on january 1st in order to leave a conse e conservative thinktank. whoever is chosen to lead the south carolina governor, a special election in 2014 to finish out his term. >>> a new twist in the very bizarre case of software pioneer john mcafee. the former fugitive is waking up in a detention cell in guatemala this morning, one day after being hospitalized. mcafee told abc news he suffered chest pains and then passed out. doctors don't believe he actually had a heart attack. mcafee spent three weeks running from police in belize. that's where he's wanted for questioning about the murder of his american neighbor. >>> now, to washington state, where if you are over 21 years of age, it's now legal to possess a small amount of marijuana. the new law legali
virtually split down the middle between president obama and mitt romney. that includes nearly $86 million raised by romney during the election's final weeks. >>> and someone who has apparently run his last senate campaign is conservative republican jim demint. he announced yesterday he is leaving the senate on january 1st in order to leave a conse e conservative thinktank. whoever is chosen to lead the south carolina governor, a special election in 2014 to finish out his term....
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of the house and president obama seem no closer to a budget deal. as you know, if they don't come up with a spending compromise, most americans will see a hefty tax increase automatically on january 1. major garrett is covering for us at the white house tonight. major? h reporter: scott, two senior white house officials tell us the next 48 hours are crucial. until republicans relent on raising income tax rates for households earning more than $250,000, the democrats will not discuss g.o.p. demand for cuts medicaitlement programs like te house and medicaid. this white house photo of president obama talking yesterday to house speaker john boehner does not convey the 2%se and difficult reality. the g.o.p. leader told mr. obama he wanted to permanently extend all current tax rates, including reose for the two 2% of earners. > there were some offers that conversahanged back and forth yesterday, and the president and r:had a pretty frank conversation about just how far apart we are. >> reporter: we asked white hinge spokesman jay carney today uhere things
of the house and president obama seem no closer to a budget deal. as you know, if they don't come up with a spending compromise, most americans will see a hefty tax increase automatically on january 1. major garrett is covering for us at the white house tonight. major? h reporter: scott, two senior white house officials tell us the next 48 hours are crucial. until republicans relent on raising income tax rates for households earning more than $250,000, the democrats will not discuss g.o.p....
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Dec 12, 2012
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president obama and congressional republicans remain split on raising taxes on upper middle-class americans. susan mcginnis is in washington with the latest now. susan, good morning to you. >> hi. good morning, terrell. both sides are talking publicly about what they want. the gop pushing back against that. but privately negotiations do continue. in an exclusive interview airing on abc's "20/20" this friday night, president obama says he's optimistic a deal will be reached, and he's confident the gop won't hold the middle-class taxes hostage to protect higher income americans. >> taxes are going to go up one way or the other, and think the key is to make sure the taxes go up on higher individuals like you and me, barbara. we can afford it. >> reporter: earlier on tuesday the president and house speaker john boehner shared a phone call to discuss the latest republican proposal. it comes after the obama administration lowered its request for new tax revenue from $1.6 trillion in over ten years to 1.4 trillion. but before the call boehner was critical of the president. >> right now the america
president obama and congressional republicans remain split on raising taxes on upper middle-class americans. susan mcginnis is in washington with the latest now. susan, good morning to you. >> hi. good morning, terrell. both sides are talking publicly about what they want. the gop pushing back against that. but privately negotiations do continue. in an exclusive interview airing on abc's "20/20" this friday night, president obama says he's optimistic a deal will be reached, and...
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in charge or obama basically of the republicans are just as bad as far as we're concerned they're corrupt and are out of touch in southern former confederate states like north carolina culture and social issues play a big role for those like harold cruz who believes the u.s. is too big and thus destined to fail north carolina and the south general. were different country already and the united states and we simply need our own government we have different values different belief systems critics have dismissed secessionists as disgruntled voters angry over president obama's second term however in this you thousand a presidential election obama became the first democrat in more than thirty years to win north carolina a red state turned blue with the promise of change four years later tens of thousands of voters in the very same state believe they'd be better off on their own. the average american the things they believe in they're tired of the endless wars and here we are talking about invading iran now i can't think of anything more the white house meanwhile promises to review and issue an
in charge or obama basically of the republicans are just as bad as far as we're concerned they're corrupt and are out of touch in southern former confederate states like north carolina culture and social issues play a big role for those like harold cruz who believes the u.s. is too big and thus destined to fail north carolina and the south general. were different country already and the united states and we simply need our own government we have different values different belief systems critics...
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obama versus 25% of americans who approve of speaker john boehner. the poll points out that the president must be better able to highlight his efforts in the media more effectively. grace lee, cbs 5. >>> the federal reserve is prepared to keep spending on $85 billion a month to keep long-term interest rates near record lows. it's going to continue spending $45 billion a month in treasury notes and $40 billion a month in mortgage-backed securities. the hope is to also help the job market improve. the feds' announcement didn't do much to help on wall street today. the dow lost 3 points while the nasdaq fell 8, the s&p 500 did edge up a fraction of a point. >>> usps is leaving some of its customers hanging. same day deliveries were supposed to start today but now the postal service is pushing back to sometime next week. about 8 to 10 online chains had already signed up for the service called metro post. it's for online retailers only. when it does kick off, usps says for a $10 flat fee, you can have your online orders delivered the same day if you order
obama versus 25% of americans who approve of speaker john boehner. the poll points out that the president must be better able to highlight his efforts in the media more effectively. grace lee, cbs 5. >>> the federal reserve is prepared to keep spending on $85 billion a month to keep long-term interest rates near record lows. it's going to continue spending $45 billion a month in treasury notes and $40 billion a month in mortgage-backed securities. the hope is to also help the job...
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today can get done with this obama white house. lou:and are you and i in agreement th the republicans are not innear sufficiently strong position, not with the lack of taent, there are ome quesonsabou that but because of the lack f power of the leaers in the house and the role of the housen this negotiation. >> i am not prepared to ay that. i go up to the capitol every week and meet with the republican leaders and lten to them as thy talked very openly about what tir views are d what they're trying to get done. and i cantell you tt they are a lot stronger than they have been presented by the conservative media. the interesting thng about the speaker is to o make you look carefully at his roposals, he is never implyg that e would increase tax rates. and yet the mentiod the breitbart comments. and that is really not accurate. lou: you know, as a former --as a distinguished chairman of the house ways and means cmittee i think you and i wold agree, revenue illll betaxed, whether it is eliminating loopoles, whether it is eliminating spi
today can get done with this obama white house. lou:and are you and i in agreement th the republicans are not innear sufficiently strong position, not with the lack of taent, there are ome quesonsabou that but because of the lack f power of the leaers in the house and the role of the housen this negotiation. >> i am not prepared to ay that. i go up to the capitol every week and meet with the republican leaders and lten to them as thy talked very openly about what tir views are d what...
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the republican congressional leaders are at best supporting opposing players in the obama drama. we will take all of this up here tonight with leading republicans and presidential ask brent senator rand paul, a former congressman who has been to the fiscal prosodist, the chairman of the house ways and means committee and the average level conservative author and columnist mark stein. also tonight, we report on the nato dispatch of patriot missiles to turkey. concerns over serious chemical weapons. egypt's new is dictators whom flees his presidential palace as tens of thousands of protesters turned violent. fox is military analysts joins us now. we begin tonight to meet with the president to make in the opinion of some republicans beat the germans to of were reasonable and productive negotiations to avoid the clef. here's the president the allowwng that there is enough time to negotiate with both tax and in seven of reform while. he says the days available before the close should be devoted to raising taxes on the ridge. >> we're not going to be able to come up with a comprehensiv
the republican congressional leaders are at best supporting opposing players in the obama drama. we will take all of this up here tonight with leading republicans and presidential ask brent senator rand paul, a former congressman who has been to the fiscal prosodist, the chairman of the house ways and means committee and the average level conservative author and columnist mark stein. also tonight, we report on the nato dispatch of patriot missiles to turkey. concerns over serious chemical...
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. >> creating jobs -- >> reporter: president obama and house speaker john boehner spoke on the phone wednesday but publicly are holding firm on their positions. the white house has made clear the country could go over the cliff if republicans refuse to raise taxes on the top 2% of american earners. >> to do that to 98% of the american people, because of an insistence that the wealthiest americans get a tax cut would be profoundly wrong. >> reporter: republican leaders say they will close loopholes and eliminate tax breaks but bush-era tax cuts must be extended to all americans. >> reporter: the standoff and debt concerns ryan. so much so, that he is the guy if the suit dancing gangnam style with former senator alan simpson. the group the can kicks back is working to get young people involved in fixing the debt crisis. >> we are trying to connect with our generation in a different way using humor to hook them in and get them to learn about this issue and understand how it affects their lives. >> reporter: the grassroots campaign wants to sign up more than 2 million people to push pres
. >> creating jobs -- >> reporter: president obama and house speaker john boehner spoke on the phone wednesday but publicly are holding firm on their positions. the white house has made clear the country could go over the cliff if republicans refuse to raise taxes on the top 2% of american earners. >> to do that to 98% of the american people, because of an insistence that the wealthiest americans get a tax cut would be profoundly wrong. >> reporter: republican leaders...
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Dec 5, 2012
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president obama tries to win over top business leaders, warning republicans are holding the global economy hostage over the fiscal cliff.
president obama tries to win over top business leaders, warning republicans are holding the global economy hostage over the fiscal cliff.
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>> the republicans. they're going to have to. obama can stand pat, and he's doing it right now. he can be cool hand luke. >> i think that's the way he is playing, very cool. thank you. he's going to force john boehner to come out and say what he wants done to protect the rich people or not protect them. thank you, ron reagan. thank you, dana milbank. >>> a big anti-union vote in michigan is coming up. a right and left going at it. it isn't about gutting unions. a lot of people think so. is it about lowering wages and hurting democrats? you bet. let's watch it. >>> plus, the most talked about movie in hollywood hasn't even opened yet. it's about torture. many critics say "zero dark thirty" suggests without torture we wouldn't have gotten the guy. but not everyone agrees. that's what the movie's about. it's going to be hot. >>> and the gop's favorite supreme court justice scalia just came out with a sugar plum. here he is. quote, if we cannot have moral feelings against homosexuality, can we have it against murder? can we have it against other things? >> do they really need this?
>> the republicans. they're going to have to. obama can stand pat, and he's doing it right now. he can be cool hand luke. >> i think that's the way he is playing, very cool. thank you. he's going to force john boehner to come out and say what he wants done to protect the rich people or not protect them. thank you, ron reagan. thank you, dana milbank. >>> a big anti-union vote in michigan is coming up. a right and left going at it. it isn't about gutting unions. a lot of...
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Dec 8, 2012
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then the republican address on the economy, jobs, and education policy. >> hello, everybody. over the last few weeks, there's been a lot of talk about deadlines we're facing on jobs and taxes and investments. but with so much noise and so many opinions flying around, it can be easy to lose sight of what this debate is really about. it's not about which political party comes out on top, or who wins or loses in washington. it's about making smart decisions that will have a real impact on your lives and the lives of americans all across the country. right now, middle-class tax cuts are set to expire at the end of the year. time is running out. and there are two things that can happen. first, if congress does nothing, every family in america will see their income taxes automatically go up on january 1st. a typical middle-class family of four would get a $2,200 tax hike. that would be bad for families, it would be bad for businesses, and it would drag down our entire economy. now, congress can avoid all this by passing a law that prevents a tax hike on the first $250,000 of everyb
then the republican address on the economy, jobs, and education policy. >> hello, everybody. over the last few weeks, there's been a lot of talk about deadlines we're facing on jobs and taxes and investments. but with so much noise and so many opinions flying around, it can be easy to lose sight of what this debate is really about. it's not about which political party comes out on top, or who wins or loses in washington. it's about making smart decisions that will have a real impact on...
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look at that number. 89% say president obama should agree to that deal. house speaker john boehner says the president is not even meeting republicans halfway. here he is. >> this plan does not fulfill his promise to bring a balanced approach to solving this problem. it is mainly tax hikes. and his plan does not begin to solve our debt crisis. it actually encreases spending. the president is calling for 1.4 trillion dollars worth of revenue. that can not pass the house or the senate. bill: south dakota senator john thune chairman of the republican senate conference. good morning to you. >> good morning, bill, where are we now? anywhere? >> that is the question of the day. what seems to me to be happening here is that the white house is not real serious about any kind of a plan that has spending reductions in it, particularly that address what really drives federal spending. that is entitlement programs. they seem less and less serious getting a plan that would avert the fiscal cliff. why i think you heard a number of them say publicly they're willing to go
look at that number. 89% say president obama should agree to that deal. house speaker john boehner says the president is not even meeting republicans halfway. here he is. >> this plan does not fulfill his promise to bring a balanced approach to solving this problem. it is mainly tax hikes. and his plan does not begin to solve our debt crisis. it actually encreases spending. the president is calling for 1.4 trillion dollars worth of revenue. that can not pass the house or the senate. bill:...
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so that is republican leverage, as they see it. unlike them, obama is not willing to destroy the global economy. and so they figure there is no real need to cut a deal now, because if that deal, particularly if they deal includes concessions like taxes, just wait a couple of months, take the debt ceiling hostage and make everybody believe you'll shoot. this is making boehner weaker. it gives haas republicans an excuse to ignore the cuts the deal he makes. they say oh, we'll just wait it out. the concern that boehner will cut a deal that he can't actually deliver, or at the last minute he'll back off a deal because he won't have the votes. the white house, by the way, they don't think the debt ceiling is republican leverage. when you talk to them, they are all steel right now on that subject. their position is simple, and they deliver it in the tone of voice bruce willis reserves for talking to terrorists. they are not negotiating. not on that. if republicans go over the cliff and try to open up talks for raising the debt ceiling, t
so that is republican leverage, as they see it. unlike them, obama is not willing to destroy the global economy. and so they figure there is no real need to cut a deal now, because if that deal, particularly if they deal includes concessions like taxes, just wait a couple of months, take the debt ceiling hostage and make everybody believe you'll shoot. this is making boehner weaker. it gives haas republicans an excuse to ignore the cuts the deal he makes. they say oh, we'll just wait it out....
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and republicans if no deal is reached. if you look at the poll broadly, that is a little bit of good news for republicans only because most other data that i have seen suggests that the blame would fall more on republicans, so a lot of republicans pointed me to that number. one thing i would say if you look at the poll broadly, what you see and mark wrote about this this morning, i wrote about it this morning, the republican brand as it comes through and questions us in that poll is badly damaged. they ask an open-ended question, what single word or short phrase would you use to describe republicans? 17% of people offered something positive. 60 plus percent offered something negative. that's an issue. it's an issue in this fiscal cliff fight. particularly if we go over the cliff and it turns into a pr battle. it's a problem longer-term, 2014, 2016. the party has to find a way to remake what people think of it and they're not there yet. >> and when you look, mark, at the optimism, pessimism, you find that people who are eve
and republicans if no deal is reached. if you look at the poll broadly, that is a little bit of good news for republicans only because most other data that i have seen suggests that the blame would fall more on republicans, so a lot of republicans pointed me to that number. one thing i would say if you look at the poll broadly, what you see and mark wrote about this this morning, i wrote about it this morning, the republican brand as it comes through and questions us in that poll is badly...
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from a home in virginia president obama sat with a middle class family he says will be hit hard if congress doesn't extend middle class tax cuts. >> for them to be burden unthis isly because democrats and republicans aren't coming together to solve this problem gives you a sense of the costs involved in very personal terms. >> republicans are standing behind their counter-offer to close tax loopholes and limit some deductions. they say the president needs to deliver a new plan they can agree on before the january 1 deadline. >>> stocks inched up as investors kept and eye on washington. the dow was up around 40, nasdaq up 16, s&p saw a 5 point increase. >>> the dungeness crab season has hit a snag. local crabbers are refusing to fish for the northern california delicacy after a new price fight with the wholesalers. the cbs 5 reporter anne makovec shows us the solidarity on the docks is being tested. >> strike last year this boat. >> right. >> well, you got go fishing. nobody is making money. >> you got go fishing. >> reporter: tensions are high on pier 45 where a lone crab boat came in this
from a home in virginia president obama sat with a middle class family he says will be hit hard if congress doesn't extend middle class tax cuts. >> for them to be burden unthis isly because democrats and republicans aren't coming together to solve this problem gives you a sense of the costs involved in very personal terms. >> republicans are standing behind their counter-offer to close tax loopholes and limit some deductions. they say the president needs to deliver a new plan they...
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obama, as you know, is standing very firm on the $1.6 trillion in tax hikes. he is offering $400 billion in cuts from the so-called entitlements but also wants to spend $50 billion on infrastructure. mr. boehner, on the other hand, is offering half -- half of what the president's number is on those taxes and not in what you'd say increases. more like closing of loopholes. he also wants much deeper cuts in entitlements and beyond. so we're watching both ends of pennsylvania avenue this hour. we've got dan lothian who is standing pat at the white house to figure out just exactly what the movements are every day. dana bash is on capitol hill. dan, let me start with you. we were just hearing from the president and we were cut off by a nasty satellite. let me talk about these business people and what exactly they can bring to the table because it seems as though he's soliciting them for advice. >> reporter: he is. but at the same time, you brought up a good point, that the president really has been doing a lot of the pressure as opposed to sitting down with lawmake
obama, as you know, is standing very firm on the $1.6 trillion in tax hikes. he is offering $400 billion in cuts from the so-called entitlements but also wants to spend $50 billion on infrastructure. mr. boehner, on the other hand, is offering half -- half of what the president's number is on those taxes and not in what you'd say increases. more like closing of loopholes. he also wants much deeper cuts in entitlements and beyond. so we're watching both ends of pennsylvania avenue this hour....
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and warned republicans not to make any plans for the holidays. they may be hunkering down in washington, negotiating over christmas. >>> and now, abc's barbara walters is back tonight with another exclusive interview. this time, secretary of state hillary clinton. who is about to leave office, after traveling almost a million miles to nearly 100 countries. and everyone asking, does she still dream of the presidency? barbara is here right now. barbara? >> reporter: and that is the question, diane. as hillary clinton winds down her time as secretary of state, traveling the globe, we sat down together and i asked her that question, that's on everybody's mind. what's next? what most people are asking now about you is, will you consider running for president in 2016? would you just like to make your declaration now? we could conclude this interview. >> well, that would be fascinating, to me, as well as everyone else. you know, i've said i really don't believe that that's something i will do again. i am so grateful i had the experience of doing it befo
and warned republicans not to make any plans for the holidays. they may be hunkering down in washington, negotiating over christmas. >>> and now, abc's barbara walters is back tonight with another exclusive interview. this time, secretary of state hillary clinton. who is about to leave office, after traveling almost a million miles to nearly 100 countries. and everyone asking, does she still dream of the presidency? barbara is here right now. barbara? >> reporter: and that is the...
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it shocked a lot of republicans. and he got nothing. he got, you know, nothing from obama. and i think that started the bad blood. and i think the president -- >> good point. they both got to learn the art of negotiation. >> we haven't heard from democrats in the senate. i'm going to guarantee you that the democrats in the senate are going to be split on this business of who's rich and what the right tax rates are going to be. >> i have to leave it there, chaps. nick, larry, thank you both much, indeed. >>> coming up next, kerry kennedy joins me about fame, politics and most important of all, taylor swift. like a lot of things, trying to find a better job can be frustrating. so at university of phoenix we're working with a growing list of almost two thousand corporate partners - companies like microsoft, american red cross and adobe - to create options for you. not only that, we're using what we learn from these partners to shape our curriculum, so that when you find the job you want you'll be a perfect fit. let's get to work. >>> kerry kennedy's been in the public eye for
it shocked a lot of republicans. and he got nothing. he got, you know, nothing from obama. and i think that started the bad blood. and i think the president -- >> good point. they both got to learn the art of negotiation. >> we haven't heard from democrats in the senate. i'm going to guarantee you that the democrats in the senate are going to be split on this business of who's rich and what the right tax rates are going to be. >> i have to leave it there, chaps. nick, larry,...
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. >> as a reality for republicans is that president obama has won a second term. in many ways he won the argument. now i'm sure he's thinking about history and legacy and he doesn't have to worry about being re-elected. that gives you a power that you don't have in the first term. but he's managed to box the republicans into a place you just don't want to be, where it looks like you're prepared to allow the middle class of america to get taxed from january onwards at at higher level to save the backsides of the wealthiest 2% of americans when 70% of all americans polled say we want the 2% to be paying more tax. that argument's gone, isn't it? >> yes, it is. look, the president can rightly say that he made clear during the campaign for re-election that this was the beginning of how he was going to deal with our national debt problems, raise taxes on the top 2%. he come in with the mandate, and now he continues to advocate it and it gets great support from the american people. i think it's part of a solution to our debt problem, but if you raise taxes the way the pr
. >> as a reality for republicans is that president obama has won a second term. in many ways he won the argument. now i'm sure he's thinking about history and legacy and he doesn't have to worry about being re-elected. that gives you a power that you don't have in the first term. but he's managed to box the republicans into a place you just don't want to be, where it looks like you're prepared to allow the middle class of america to get taxed from january onwards at at higher level to...
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and in large part, the republican candidate lost because he failed to reach out to them. if your than one in three latino's failed to vote -- fewer than one in three latino's failed to vote for mitt romney. what will the republican party need to do to get the hispanic vote? >> at a christmas party outside of boston, republicans are not feeling particularly festive -- outside of austin, republicans are not filling a particularly festive. they know they have a challenge in front of them. within two years, hispanics will outnumber whites in texas. >> if you want to know what the future of the republican party is, go to a national convention and stand on a chair and turn around 360 degrees, look at everybody, and then pick any street in the united states and put a share there and turn around 360 degrees and see if the outside convention looks like the inside of the convention. i will give you a hand, it does not. >> hispanic republicans say the party is doomed unless it presents a more welcoming face. this man, whose ancestors are buried outside of san antonio, is a leading v
and in large part, the republican candidate lost because he failed to reach out to them. if your than one in three latino's failed to vote -- fewer than one in three latino's failed to vote for mitt romney. what will the republican party need to do to get the hispanic vote? >> at a christmas party outside of boston, republicans are not feeling particularly festive -- outside of austin, republicans are not filling a particularly festive. they know they have a challenge in front of them....
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simpson the odd couple chaired the so-called super committee back in two thousand and ten which president obama created to find a balance between republican and democratic plans to solve the debt crisis now that committee ended up as a less than super it ultimately didn't even approve its own report about simpson and bowles are keeping their plan alive or at least trying to by selling it as the last best hope for an ailing economy. now the first thing you need to know is that it is fair to ask whether this is truly a great compromise since the planet rests on the assumption that the bush tax cuts for those making more than two hundred fifty thousand dollars a year will end even though simpson bowles plan takes that as a given current republican legislators are less willing to immediately let that exploration take place in fact that happens to be issue number one for republicans who see letting the cuts expire as synonymous to raising tax rates. number two simpson bowles raises the gas tax by fifteen cents now this is self-explanatory but not widely known raising the gas tax could be seen as a b
simpson the odd couple chaired the so-called super committee back in two thousand and ten which president obama created to find a balance between republican and democratic plans to solve the debt crisis now that committee ended up as a less than super it ultimately didn't even approve its own report about simpson and bowles are keeping their plan alive or at least trying to by selling it as the last best hope for an ailing economy. now the first thing you need to know is that it is fair to ask...
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breaking the ice, president obama and john byron finally discussing the fiscal cliff. they talked by telephone yesterday. with just 26 days remaining to get a deal done, there are signs of compromise on the republican side. oklahoma's republican senator tom coburn a leading conservative saying he is okay with raising taxes on the wealthiest 2% of americans. in a few moments, soledad o'brien will talk with oregon senator is jeff merkley. he sits on the budget committee. >>> naeem davis now charged with murder for allegedly pushing a man off a new york city subway platform. davis was arraigned last night on a second-degree murder charge. police say he pushed 50-year-old ki-suk han on to the tracks and into the path of an oncoming subway train. >>> internet security pioneer john mcafee could be deported to belize as early as today. guatemalan officials detained mcafee yesterday. they accuse him of entering their country illegally. he turned up in guatemala on tuesday after disappearing from his home in belize. police there want to question mcafee in connection with a murd
breaking the ice, president obama and john byron finally discussing the fiscal cliff. they talked by telephone yesterday. with just 26 days remaining to get a deal done, there are signs of compromise on the republican side. oklahoma's republican senator tom coburn a leading conservative saying he is okay with raising taxes on the wealthiest 2% of americans. in a few moments, soledad o'brien will talk with oregon senator is jeff merkley. he sits on the budget committee. >>> naeem davis...
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that's just republicans. the majorities get even higher among the rest of the country which did just, of course, re-elect president obama on this plan. the talk about corporate taxes is fine but it's only a dime out of every federal dollar that we get out of corporate taxes. you're not going to make it all up there. you're not going to make it all up in sort of destroying entitlement programs which also are very popular. so the republicans have a losing hand on public opinion over the long term, the question is do they think they can get through a hostage crisis, a sequel to the hostage crisis we already had, something that they didn't get last time. i think ultimately the answer is going to be no. >> as we count down 20 days, the republicans losing their leverage as we get closer and closer, if we think about this in the new year as just a clean slate for everybody, and then we don't have to think about the debt ceiling which is coming up fast down the line anyway in the new year, isn't that a potentially be
that's just republicans. the majorities get even higher among the rest of the country which did just, of course, re-elect president obama on this plan. the talk about corporate taxes is fine but it's only a dime out of every federal dollar that we get out of corporate taxes. you're not going to make it all up there. you're not going to make it all up in sort of destroying entitlement programs which also are very popular. so the republicans have a losing hand on public opinion over the long...
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but the fact of the matter is president obama's never played the race card and the republicans invented the race card with their southern strategy. folks voted for their interests. it wasn't because of the president's race. and it really was across the board. so the reverend can continue to stay on this path. it's the path to defeat. it's the path that won't involve more support for minorities and republicans will continue to lose and their candidate will be on vacation with mitt romney. >> gentlemen, we have to leave it there for now. i really appreciate your time. thank you. >> we do have an update on a developing story that we've been covering through this story. republican congressman tim scott releasing a statement thanks senator tim demint for his service to the nation. scott will be the 113th. considered as a replacement for demint.om le, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. [ yawning sound ] [ male announcer ] ...forbusiness.com.
but the fact of the matter is president obama's never played the race card and the republicans invented the race card with their southern strategy. folks voted for their interests. it wasn't because of the president's race. and it really was across the board. so the reverend can continue to stay on this path. it's the path to defeat. it's the path that won't involve more support for minorities and republicans will continue to lose and their candidate will be on vacation with mitt romney....
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one of them by president obama, that was yesterday, then a counteroffer by the speaker. that was today. all of this as the president tells abc news tonight that he is confident that republicans will not hold middle class tax cuts hostage. so there's a lot of news that's all of a sudden coming out. after some relative quiet. our white house correspondent dan lothian is on the case and joins me now by telephone, because you've been working your sources. take me into the conversation. all of this breaking late today and it sounds good. it sounds at least like there's some movement, dan. >> reporter: that's right. that's always been the issue, because as you know, it was just last week we were talking about the fact that there were no talks ongoing, not even behind the scenes, and now these latest developments and as you pointed out, we didn't even know the white house had submitted another offer yesterday but confirmation coming from a senior administration official that in fact, the white house did submit that offer yesterday to house republicans. today there was a counter
one of them by president obama, that was yesterday, then a counteroffer by the speaker. that was today. all of this as the president tells abc news tonight that he is confident that republicans will not hold middle class tax cuts hostage. so there's a lot of news that's all of a sudden coming out. after some relative quiet. our white house correspondent dan lothian is on the case and joins me now by telephone, because you've been working your sources. take me into the conversation. all of this...